Tourism & leisure industry M&A deals in July 2019 total $7.39bn globally

16th August 2019 (Last Updated August 16th, 2019 10:16)

Tourism & leisure industry M&A deals in July 2019 total $7.39bn globally

Total tourism & leisure industry M&A deals in July 2019 worth $7.39bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 66.7% over the previous month and a rise of 38.6% when compared with the last 12-month average, which stood at $5.33bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $3.17bn. At the country level, Greece topped the list in terms of deal value at $2.89bn.

In terms of volumes, North America emerged as the top region for tourism & leisure industry M&A deals globally, followed by Europe and then Asia-Pacific.

The top country in terms of M&A deals activity in July 2019 was the US with 30 deals, followed by the UK with 11 and Japan with four.

In 2019, as of the end of July 2019, tourism & leisure M&A deals worth $46.7bn were announced globally, marking an increase of 14.6% year on year.

Tourism & leisure industry M&A deals in July 2019: Top deals

The top five tourism & leisure industry M&A deals accounted for 77.7% of the overall value during July 2019.

The combined value of the top five tourism & leisure M&A deals stood at $5.74bn, against the overall value of $7.39bn recorded for the month.

The top five tourism & leisure industry deals of July 2019 tracked by GlobalData were:

1) SAZKA Group’s $2.83bn acquisition of Greek Organization of Football Prognostics

2) The $2bn acquisition of Oravel Stays by RA Hospitality Holdings

3) Vail Resorts’ $463.6m acquisition of Peak Resorts

4) The $230m asset transaction with Eldorado Resorts by Twin River Worldwide Holdings

5) VCM’s asset transaction with American Hotel Income Properties REIT for $215.5m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.